Privatization proceeds amount to UAH 493 mln in 5M09
2 June 2009
Ukraine’s State Property Fund reported yesterday that privatization proceeds amounted to UAH 493.1 mln in 5M09, which was duly transferred to the state budget. The bulk of that amount came from the sale of a blocking stake in Chernihivoblenergo (CHEON) for UAH 223.4 mln. The SPF also sold the government’s stake in Lvivoblenergo (LVON) for UAH 197.9 mln, though it said those funds had yet to be forwarded to the state’s coffers.
